$100 Invested In AutoZone 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, AutoZone (NYSE:AZO) has produced an average annual return of 22.0%, outperforming the market by 8.84% on an annualized basis. A $100 investment in AZO 15 years ago would be worth $1,964.93 today, showcasing the impact of compounded returns on cash growth. AutoZone's current market capitalization stands at $54.09 billion.
March 18, 2024 | 4:30 pm
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POSITIVE IMPACT
AutoZone has shown significant growth over the past 15 years, with a $100 investment growing to $1,964.93, reflecting an average annual return of 22.0%.
The substantial growth in the value of AutoZone's stock over the past 15 years, significantly outperforming the market, indicates a strong positive trend in the company's financial performance and market valuation. This historical performance, coupled with a high market capitalization, suggests a positive outlook for AZO's stock in the short term, assuming market conditions and company performance remain consistent.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100